Current Affairs · Government Policies & Frameworks
With reference to the Government of India's revised startup recognition framework under the Startup India initiative, consider the following statements: Statement 1: The turnover threshold for recognition as a startup has been increased from ₹100 crore to ₹200 crore. Statement 2: A new category of 'Deep Tech Startups' has been introduced with an age limit extended up to 20 years and a turnover cap of ₹300 crore. Statement 3: Only private companies and LLPs are eligible for startup recognition under the revised framework. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement 1 and Statement 2
- 2Statement 2 only✓
- 3Statement 1 and Statement 3
- 4Statement 1, Statement 2 and Statement 3
Correct answer
Statement 2 only
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